**Exhibit 1-B** 


**AMENDMENT NO. 1 TO AIRCRAFT LEASE AGREEMENT** 


**ASSIGNMENT OF WARRANTIES** 


KNOW ALL MEN BY THESE PRESENTS: 

 In accordance
with the terms and conditions of the Option set forth in the Aircraft Lease Agreement between WHL Management LLC (“Seller”) and Williams-Sonoma (“Purchaser”) dated May 16, 2008, as amended, regarding that certain 2007
Bombardier Inc. Model BD-700-1A11 “Global 5000” aircraft bearing manufacturer’s serial number 9261, currently registered as N878HL, together with two (2) Rolls-Royce Deutschland BR700-710A2-20 engines installed thereon, bearing
manufacturer’s serial numbers 12633 and 12634 and all other appliances, avionics, parts, additions, appurtenances, accessories, instruments, components, systems, furnishings, and other items of equipment now installed thereon, and all flight
manuals, log books and records required by the United States Federal Aviation Administration, relating to said aircraft, engines, components and systems as further described in the Aircraft Delivery Receipt to be executed at acceptance by Purchaser
(collectively, the “Aircraft”): 

 Seller hereby assigns to Purchaser, to the extent assignable, such rights as Seller may have under
(a) any warranty (express or implied) with respect to the Aircraft and (b) any service policies or product agreements with respect to the Aircraft, in each case to the extent the same exist in favor of Seller and are capable of being
assigned by or otherwise available to Purchaser (collectively, the “Assigned Rights”).